Argentina Near Infrared Imaging Market Size & Outlook
Argentina near infrared imaging market, 2018-2030 (US$M)
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Argentina near infrared imaging market highlights
- The Argentina near infrared imaging market generated a revenue of USD 18.4 million in 2023 and is expected to reach USD 22.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Reagents is the most lucrative product segment registering the fastest growth during the forecast period.
Near infrared imaging market data book summary
| Market revenue in 2023 | USD 18.4 million |
| Market revenue in 2030 | USD 22.8 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Reagents |
| Fastest growing segment | Reagents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Reagents |
| Key market players worldwide | Stryker Corp, Olympus Corp, Hamamatsu Photonics KK, Shimadzu Corp, Medtronic PLC, Carl Zeiss Meditec AG |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global near infrared imaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil near infrared imaging market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 35.3 million by 2030.
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Near Infrared Imaging Market Scope
Near Infrared Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina near infrared imaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to near infrared imaging market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 57.07% in 2023. Horizon Databook has segmented the Argentina near infrared imaging market based on devices, reagents covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare spending in Argentina represents around 7.0% of the total GDP. Around 70.0% to 75.0% of medical products in Argentina are imported. Argentina mostly imports medical devices from the U.S. Argentina is one of the key markets for the U.S. in Latin America.
Furthermore, unavailability or limited availability of resources in Argentina has also restrained many major market players to enter into the market. Thus, near infrared imaging market is anticipated to grow at a low rate over the forecast period.
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Target buyers of Argentina near infrared imaging market databook
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Our clientele includes a mix of near infrared imaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina near infrared imaging market , including forecasts for subscribers. This country databook contains high-level insights into Argentina near infrared imaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina near infrared imaging market size, by product, 2018-2030 (US$M)
Argentina Near Infrared Imaging Market Outlook Share, 2023 & 2030 (US$M)
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